Johannesburg - The Bidvest Group [JSE:BVT] advised on Monday
that for the 6 months ended December 2011, its headline earnings per share are
expected to be between 35% and 40% higher than the comparative period's 539.8
cents per share, after accounting for the profit on the partial sale of the
investment in Mumbai International Airport Private Limited.
Earnings per share are also expected to be between 29% and
33% higher than the comparative period's 541.7c per share, after accounting for
the profit on the partial sale of the investment in Mumbai International
Airport and a R96.7m impairment of the associate investment in Comair as a
consequence of the decline in its share price.
Bidvest's results are expected to be published on or about
February 27.